Documentation
Understand Kapitala, step by step.
Start with the purpose, follow the cooperative pilot, then explore the rules and infrastructure behind it. One reading path for people running a community program, future members and builders.
Search covers the published articles. It never covers member data or internal records.
Who this is for, and what it is not for yet.
For borrowersEligibility, terms, hardship and the limits.
For researchers and buildersThe community-finance evidence, research agenda and Midnight's privacy approach.
Why Midnight and selective disclosure?What fourth-generation means here, what it could enable, and what is not built.
Browse all topics
The published reading path.
19 articles in 6 groups. Read top to bottom, or jump by path.
What is Kapitala? · Is Kapitala for me? · Getting started · Key terms
4 topicsMission and vision · Rules and responsibilities · Transparency and privacy
3 topicsThe cooperative · Registration and compliance · The first program
3 topicsOrganizations, pools and funding · Membership and eligibility · Terms and repayment · Hardship and losses · Withdrawals and exits · Rules and implementation status
6 topicsFrom connectivity to financial opportunity · Research agenda
2 topicsMidnight and selective disclosure
1 topicPublished as it completes review.
In preparationEvery article carries a status label, so the intended model and reference material stay distinct from what is available today.
Prefer a guided start?
Open the first article and follow the sequence with previous and next links.